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Bounding methods for facilities location algorithms

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  • Paul D. Dowling
  • Robert F. Love

Abstract

Single‐ and multi‐facility location problems are often solved with iterative computational procedures. Although these procedures have proven to converage, in practice it is desirable to be able to compute a lower bound on the objective function at each iteration. This enables the user to stop the iterative process when the objective function is within a prespecified tolerance of the optimum value. In this article we generalize a new bounding method to include multi‐facility problems with lp distances. A proof is given that for Euclidean distance problems the new bounding procedure is superior to two other known methods. Numerical results are given for the three methods.

Suggested Citation

  • Paul D. Dowling & Robert F. Love, 1986. "Bounding methods for facilities location algorithms," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 33(4), pages 775-787, November.
  • Handle: RePEc:wly:navlog:v:33:y:1986:i:4:p:775-787
    DOI: 10.1002/nav.3800330420
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